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Dec 10, 2012
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. >> i knew that was true when steve weiss said he was buying the fxis. >> i was smiling. >> manufacturing is clearly retrenched with the concerns surrounding the fiscal cliff. we see that, all the numbers, you have to believe a little certainty. manufacturing comes back. the material space, which is so tied to the chinese growth. i think that's in particular a sector you could look at. i think you could even, and i'm warming up to something that i haven't liked all year, but you could even look at the steel space and some of those names in there, and i think that would be a focus area. >> we're going to talk about apple certainly in more unstance a little bit later. but if you like technology, right, are you going to buy the nasdaq 100 or are you going to buy individual names? because i'm just wondering if apple doesn't participate the way you might hope it would or think it could in 2013 does that hold back technology as a secretary e? do you need to look for individual names? >> i just think you have to have a critical theme around it. i think there's two themes. one, smart fund growth,
. >> i knew that was true when steve weiss said he was buying the fxis. >> i was smiling. >> manufacturing is clearly retrenched with the concerns surrounding the fiscal cliff. we see that, all the numbers, you have to believe a little certainty. manufacturing comes back. the material space, which is so tied to the chinese growth. i think that's in particular a sector you could look at. i think you could even, and i'm warming up to something that i haven't liked all year, but...
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Dec 10, 2012
12/12
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steve, good morning. >> good morning, becky. thanks. the stronger than expected jobs were not making believers of many economists. they continue to expect weak fourth quarter growth after that number came in at 146,000 with an expectation of around 85,000. fourth quarter growth estimates range from a low of below a half a point, 0.4%. that coming from morgan stanley. the high from what i could gather this morning, 1.5% at jpmorgan. remember that third quarter growth was 2.7 pfrs. a lot of this, though, is going to be inventories. suggesting the growth back drop a little bit stronger than what the number might imply. but the declining unemployment rate fell 0.2 to 7.7% complicates the job for the fed which is expected to place operation twist, where it sells short-term securities and buys long-term ones, with just outright asset purchases on the long end. here's the fed forecast for the fourth quarter. notice the actual there, at 7.7%. it's now at -- the forecast for the end of this year,.1%. it's now averaging you can see there on the l
steve, good morning. >> good morning, becky. thanks. the stronger than expected jobs were not making believers of many economists. they continue to expect weak fourth quarter growth after that number came in at 146,000 with an expectation of around 85,000. fourth quarter growth estimates range from a low of below a half a point, 0.4%. that coming from morgan stanley. the high from what i could gather this morning, 1.5% at jpmorgan. remember that third quarter growth was 2.7 pfrs. a lot of...
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Dec 10, 2012
12/12
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CNN
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>> tomorrow on "starting point," we'll talk to director ed burns, actor frankie muniz, congressman steve israel, jeff sessions, javier palimares, the president and ceo of united states chamber of commerce, and chicago mayor rahm emanuel as well. cnn news room with ted roland begins now. >> stories we're watching now in the cnn newsroom. off the air and under siege. >>> i think about their family and what they must be going through and the thought we may have played a part in that is gut wrenching. >> for the first time, we're hearing from two radio deejays blamed for the nurse's suicide after that royal prank phone call. plus this. ♪ a plane crash cut short the life of popular mexican-american singer jenni rivera. now investigators look into what brought down that plane that killed everyone on board. >>> south korean rapper psy receives a warm welcome in washington despite his past anti-american comments, and president obama getting some flack for attending that performance. >>> plus the bizarre saga continues. american tech mogul john mcafee fighting deportation to belize. he holds a
>> tomorrow on "starting point," we'll talk to director ed burns, actor frankie muniz, congressman steve israel, jeff sessions, javier palimares, the president and ceo of united states chamber of commerce, and chicago mayor rahm emanuel as well. cnn news room with ted roland begins now. >> stories we're watching now in the cnn newsroom. off the air and under siege. >>> i think about their family and what they must be going through and the thought we may have...
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Dec 10, 2012
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basically have everything you've accomplished at alabama wiped off the map because the end will be -- steve spurrier still hasn't recovered from his stint in washington. the guy was a football god. he went to washington and immediately the stories started, you know, that this guy was bush league. he was a college coach. if saban goes up and fails a second time -- and god bless him, he's done enough for alabama, he deserves that right, or do you want to be remembered the greatest college football coach of all time? he sticks around another ten years, wins more champion sshi people consider this guy the john wooden of college football. >> when you look at what they've done p college coaches, that could be the lure, but he was miserable when he was at miami. in his second year with the dolphins, he was looking for opportunities back at the college game. i think it would take a lot to get him back to the nfl. when you look at all the teams that will need coaches -- >> but why go? >> well, money. a lot of money. a whole lot of money. >> in the words of dire straits, he's got a daytime job. he's
basically have everything you've accomplished at alabama wiped off the map because the end will be -- steve spurrier still hasn't recovered from his stint in washington. the guy was a football god. he went to washington and immediately the stories started, you know, that this guy was bush league. he was a college coach. if saban goes up and fails a second time -- and god bless him, he's done enough for alabama, he deserves that right, or do you want to be remembered the greatest college...